FPG AUS200 Market Report March 5, 2025

AUS200 on the H4 timeframe is in a downtrend, currently traded around 8172.26, after rebounding from the 8114.58 support level. The index has been consistently making lower highs and lower lows, with price still below key resistance levels. A successful break above the 38.2% Fibo resistance could trigger a short-term bullish correction, while failure to sustain above this level might resume the bearish trend.

AUS200 is trading below the 50-period moving average, confirming bearish momentum. The Fibonacci retracement levels indicate that the price is struggling around the 23.6% retracement, making it a key resistance level to watch. A rejection here could push the index back toward support at 8114.58 or lower.

The Stochastic (5,3,3) indicator is at 47.47 and 30.73, showing a slight recovery from oversold territory but still lacking strong bullish momentum. If the stochastic crosses back downward, it could signal renewed selling pressure.

Market Observation & Strategy Advice:

1. Key support: 8114.58 – A breakdown could lead to further declines toward 8083.25.

2. Key resistance: 8172.26 – A rise above this level may trigger a move toward 8200.55 (38.2% Fib).

3. Bearish trend remains dominant, with price below the 50-period MA and struggling at resistance.

4. Trading strategy:

• Short positions if price fails to break 8172.26, targeting 8114.58 and lower.

• Long positions if price breaks and holds above 8200.55, targeting 8229.45 (50% Fib).

5. Stochastic recovery needs confirmation, as it is still in neutral territory. Further bullish movement requires stronger momentum.

Market Performance:

Index Last Price % Change

S&P 500 5,778.15 -1.22%

Dow Jones 42,520.99 -1.55%

Nasdaq 18,285.16 -0.35%

Todays Key Economic Calendar:

AU: GDP Growth Rate QoQ

CN: National Peoples Congress

US: ISM Service PMI

Risk Disclaimer This report is for informational purposes only and does not constitute financial advice. Investments involve risks, and past performance does not guarantee future results. Consult your financial advisor for personalized investment strategies.